National Kitchen & Bath Cabinetry Inc. has bought a 247,000-square-foot industrial building at AXIAL Bonds Farm in Concord, planting a major cabinet manufacturing and distribution user in the northeast Charlotte suburbs. The move pulls one of the three speculative rear-load warehouses out of the available pool and shows there is still plenty of appetite for modern industrial space in the region.
In a press release from Crescent Communities, the developer said it partnered with AEW Capital Management to sell the building to National Kitchen & Bath Cabinetry. The release notes that Brian Crutcher and Anne Johnson of CBRE represented the sellers, while Thomas Hipp of Whiteside Properties represented the buyer. It also includes a statement from Brendan Pierce, Crescent’s president of commercial, who called the sale “the success of our long-term vision for AXIAL Bonds Farm.”
Deal Details And The Space
AXIAL marketing materials show the 247,000-square-foot building as one of three structures in the 810,000-square-foot AXIAL Bonds Farm campus, designed with 36-foot clear heights and a rear-load setup that targets manufacturing and distribution tenants. The project page lists the property as Class A industrial space and highlights a layout and truck-court configuration that are tailored to single-tenant users. For more on the campus, see AXIAL Industrial and commercial listings on CommercialCafe.
Who The Buyer Is
On its company site, National Kitchen & Bath Cabinetry describes itself as a wholesale cabinet manufacturer and supplier with a large showroom and distribution presence in Concord, with a local contact currently listed at 1000 Derita Road. Crescent’s release states that the buyer will fully occupy the 247,000-square-foot building, and that financial terms of the transaction were not disclosed. For company background and local contact details, see National Kitchen & Bath Cabinetry Inc..
Why This Matters For Concord And Charlotte
The sale comes as Charlotte-area industrial development continues to deliver new product and attract investor interest, even while the market works through a sizable construction pipeline. Industry trackers and market reports show the region added significant industrial inventory and transaction volume in 2025, a pattern that has kept modern, well-located warehouses in demand among manufacturing and distribution users. See broader market data and pipeline context at CommercialCafe…